Tuesday, September 19, 2017 12:22:27 PM
Sealed Air(NYSE:SEE) is a leader in the non-paper container and packaging sector. The company is engaged in food safety and security, facility hygiene and the product protection business. SEE stock has been steadily declining since April when it traded as high as $52.83 a share. Since that high pivot the stock has slid down to the $41.57 area where it is trading today. The stock is now trading below its important 50 and 200-day moving averages. This puts the stock in a very weak technical position on the charts. Currently, the stock is oversold in the short term, so short term bounces are possible. The better support level for SEE stock will be around the $36.00 level. This is an area where the stock broke out in 2014. Often, prior breakout area will be defended by the institutional money when back tested. Stay tuned as I will be looking to trade this on the long side around this major support level.
Nicholas Santiago
InTheMoneyStocks
Recent SEE News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 02:26:30 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 02:21:35 PM
- Sealed Air Provides Packaging Solutions for Best Buy • PR Newswire (US) • 09/04/2024 08:30:00 PM
- Sealed Air Upcoming Event with the Financial Community • PR Newswire (US) • 08/30/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 07:31:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 07:29:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/13/2024 06:40:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 11:11:56 AM
- Sealed Air Reports Q2 2024 Results • PR Newswire (US) • 08/08/2024 11:00:00 AM
- SEE Declares Quarterly Cash Dividend • PR Newswire (US) • 07/23/2024 08:30:00 PM
- SEE to Hold Conference Call to Discuss Second Quarter 2024 Results • PR Newswire (US) • 07/01/2024 08:30:00 PM
- SEE Announces Closing of Offering of Senior Notes • PR Newswire (US) • 06/28/2024 04:41:00 PM
- SEE Announces Expiration and Results of Offer to Purchase 5.500% Senior Notes due 2025 • PR Newswire (US) • 06/25/2024 12:13:00 AM
- SEE Announces the Total Consideration for Its Offer to Purchase 5.500% Senior Notes Due 2025 • PR Newswire (US) • 06/24/2024 08:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 11:26:35 AM
- SEE Announces Pricing of Senior Notes • PR Newswire (US) • 06/17/2024 09:45:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/17/2024 08:45:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 12:20:22 PM
- SEE Announces Offering of Senior Notes • PR Newswire (US) • 06/17/2024 11:49:00 AM
- SEE Announces Cash Tender Offer For Any and All 5.500% Senior Notes Due 2025 • PR Newswire (US) • 06/17/2024 11:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 10:01:19 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 09:05:10 PM
- SEE Announces New CEO and Executive Promotions • PR Newswire (US) • 06/13/2024 09:01:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 01:04:41 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 01:04:04 AM
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